NOT LISTED FOR SALE

Estimated Value: $317,000 - $587,000

8 Beds
4 Baths
3,444 Sq Ft
$141/Sq Ft Est. Value

Last Sold May 23, 2023

Current estimated payment $3,695/month

27 Days on Market

Highlights

  • Granite Countertops
  • Luxury Vinyl Plank Tile Flooring
  • Ceiling Fan
  • 1-Story Property
  • Central Heating and Cooling System
  • Back Yard

About This Home

As of May 2023

4 Plex Available all the hard work has been done and now waiting for new owners. 4 units,each unit has 2 bedrooms and 1 bath. Units are leased, all have newer fences, AC units and water heater. 3 of the units have been recently updated with new flooring, paint, granite counter tops and appliances.
unit A lease expires 8-31-2023, unit B lease expires 8-31-2023, unit C 12-31-23, unit D is month to month
PLEASE DO NOT DISTURB TENANTS
ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED. BUYERS AND OR BUYERS AGENT TO VERIFY ALL INFORMATION.
Showings will need a 24 hr notice, pre approval and listing agent will be present

Last Agent to Sell the Property

Janice Hill

Texas Real Estate Professionals License #0671209 Listed on: 04/05/2023

Co-Listed By

Sherri Hamilton

Texas Real Estate Professionals License #0483529

Last Buyer's Agent

Roodeley Pierre-Louis

Dalton Wade, Inc. License #0782760

Dalton Wade, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 0.33 Acre Lot
  • Back Yard

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 3,444 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Lighting
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Common or Shared Parking

Schools

  • Gerard Elementary School
  • Lowell Smith Middle School
  • Cleburne High School

Utilities

  • Central Heating and Cooling System

Community Details

  • 3,444 Sq Ft Building
  • Park Air Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 4
  • Assessor Parcel Number 126296000622
  • $5,893 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Ratio Current Price By Building: 184.37863
  • Attribution Contact: 817-517-7699
  • Special Features: None
  • Year Built: 1982

Interior Features

  • Square Footage: 3444.00
  • Interior Amenities: Decorative Lighting, Granite Counters
  • Flooring: Luxury Vinyl Plank
  • Appliances: Dishwasher

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Back Yard
  • Roof: Composition
  • Construction Materials: Brick, Siding

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air
  • Number Of Parking Spaces: 8
  • Parking Features: Common

Utilities

  • Heating: Central, Electric
  • Utilities: All Weather Road, City Sewer, City Water

Condo/Co-op/Association

  • Complex Name: Berry
  • Association Type: None

Schools

  • School District: Cleburne ISD
  • Elementary School: Gerard

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.3300
  • Parcel Number: 126296000622
  • Lot Size Acres: 0.3300
  • Lot Size Sq Ft: 14374.8000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1982
  • Units Total: 4

Multi Family

  • Gross Annual Income: 61800.00
  • Insurance Expense: 4132
  • Unit Count: 4

Tax Info

  • Unexempt Taxes: 5893
  • Special Taxing Entities: No
  • TaxBlock: 4
  • Tax Lot: 22

MLS Schools

  • Middle School Name: Lowell Smith
  • Elementary School Name: Gerard
  • High School Name: Cleburne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 28, 2023
Sold by
Zee 1 Holdings Llc
Bought by
Augustin Magdala
Seller's Agent
Janice Hill
Texas Real Estate Professionals
Buyer's Agent
Roodeley Pierre-Louis
Dalton Wade, Inc.
List Price
$729,000
Views
63
Current Estimated Value
$478,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.06%
Original Mortgage
$623,498
Outstanding Balance
$606,457
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
-$122,430
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Augustin Magdala -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustin Magdala $623,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2023 05/23/23 Sold -- -- --
05/02/2023 05/02/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $699,000 -4.1% $203 / Sq Ft
04/05/2023 04/05/23 For Sale $729,000 -- $212 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,114 $632,989 $50,000 $582,989
2024 $14,114 $632,989 $50,000 $582,989
2023 $5,240 $235,476 $16,500 $218,976
2022 $5,893 $235,476 $16,500 $218,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20296817

North Texas Real Estate Information Systems (NTREIS)

APN: 126-2960-00622